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Enel begins construction of 244-MW wind farm in Mexico

Wind turbines. Author: Rex Brown. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

December 11 (Renewables Now) - The Mexican renewables unit of Italian energy major Enel SpA (BIT:ENEL) has initiated construction work on the 244-MW Dolores wind farm in the state of Nuevo Leon.

Enel Green Power Mexico (EGPM) is building the USD-280-million (EUR 246m) facility at a site in the municipality of China. Upon completion in the first half of 2020, the wind park will be generating about 850 GWh of electricity a year. It has a contract to sell specified volumes of electricity to the Mexican Centre for Energy Control’s Camara de Compensacion over a period of 15 years. A separate deal for the related clean certificates has a term of a 20 years.

The company won this and three other projects in the third long-term auction following the country’s Energy Reform. They have a combined capacity of 593 MW.

Enel Green Power Mexico manages 2,014 MW as of today, including 873 MW from wind, some 1,089 MW from solar and about 53 MW from hydro.

(USD 1.0 = EUR 0.879)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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